After months of waiting, Mojang finally gave a date Thursday for the release of “Minecraft: Xbox One Edition,” “Minecraft: Playstation 4 Edition” and “Minecraft: PS Vita Edition.” The studio behind the mega-hit also revealed details on pricing and features for each.

All three versions of “Minecraft” will be released in August and will cost $19.99 each at release. An exact release date for each platform has not been announced.

If you already own “Minecraft: PS3 Edition” you will also get “Minecraft: PS Vita Edition” for free or upgrade to the “PS4 Edition” for $4.99 up to one year after release. If you already own “Minecraft: Xbox 360 Edition” then you can upgrade to the “Xbox One Edition” for $4.99 up to one year after release.

“Minecraft” world saves will transfer from the Xbox 360 to the Xbox One and from the PS3 and PS Vita to the PS4. However, it will not work the other way due to the larger world sizes in the next-gen versions of the game. Additionally, PS3 and PS Vita owners will be able to transfer their world saves between the games on those two platforms.

As for DLC, Mojang confirmed that most, but not all, DLC skins and texture packs purchased for the “PS3 Edition” and “Xbox 360 Edition” will be available for use in the “PS4 Edition” and “Xbox One Edition.” Those that don’t make the cut are because of licensing deals and not due to any technological barriers. There are no such barriers for the “PS Vita Edition” though as all of the DLC purchased for the PS3 will be available on the handheld.

The console ports of “Minecraft” are handled by 4J Studios who have shared few details about the next-gen versions of the game. While the world will not be infinite like the PC version, they will be much larger. The studio last announced that they were testing worlds that were 36 times larger than the existing PS3 and Xbox 360 world sizes. Comparison screenshots were also released that shows a vast improvement in the draw distance for the game as well. The “PS4 Edition” will also utilize the DualShock 4 touchpad.

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Scott has been covering the game industry (and game deals) since late 2009. He takes joy in covering what fits his varied tastes in gaming cultivated from a very young age. You can reach him at jsgrill@gmail.com or follow him on Facebook. He can also be found at the Furious Fourcast where is a co-host and producer.